Vivint Solar — residential solar/storage acquisition close

Sunrun 2026-1 — $584M residential solar + storage ABS backed by 38,706 customer leases & PPAs across 19 states + DC + Puerto Rico; A-1 notes priced at 220 bps spread (20 bps tighter than 2025 transactions)

Sunrun Inc. → Atlas SP (sole structuring agent + joint bookrunner); BofA Securities, MUFG, Truist Securities (joint bookrunners); ING (co-manager)

$584M

Sunrun residential solar+battery securitization — leases + PPAs (16,686 systems, 17 states + DC)

Sunrun Inc. (NASDAQ: RUN) → ABS investors

$201M (single-tranche A-rated; 80% advance rate; 2.46% yield)

Vivint Solar — residential solar/storage; combined Sunrun+Vivint ~500K customers + 3 GW assets (largest residential solar consolidation)

Vivint Solar (NYSE: VSLR public shareholders) → Sunrun Inc. (NASDAQ: RUN)

$3.2B EV (all-stock; 0.55 Sunrun shares per Vivint share); $9.2B combined market cap at announce

Tandem PV Fremont Factory — 65,000 sq ft commercial demonstration facility producing perovskite-silicon tandem solar modules at ~40 MW annual nameplate capacity, Fremont, California

Tandem PV

Pastoria Solar Project — 105 MW utility-scale solar PV, Kern County, CA (+ 80 MW / 320 MWh Pastoria Power Bank BESS coming online spring/summer 2026)

Calpine (a Constellation Energy business) → California Department of Water Resources (DWR) / PG&E

FH Capital acquires 75.1% controlling stake in Jinko Solar (U.S.) Industries Inc. — 2 GW solar module manufacturing facility in Jacksonville, Florida (AllianceFlorida at Cecil Commerce Center, ~650 employees) plus a growing US BESS manufacturing line. JinkoSolar Holding retains 24.9%.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) → FH Capital

$191M (per Nikkei Asia)